Category: Insurance

LIRPs

All You Need to Know About LIRPs: A Rich Man’s IRA

In 2020, when I sold some of my website properties (details here), my Edward Jones advisor recommended that I set up a “rich man’s IRA” to which I looked at him dumbfounded asking what that was. He explained that many affluent people invest in LIRPs. LIRP stands for Life Insurance Retirement Plan. What’s about a …

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Difference Between FSA and HSA

FSA vs. HSA: Differences and Online Stores To Use At

Healthcare is an important topic in America. There are many different types of healthcare plans, and they can be difficult to understand for someone who’s never had them before. One type that people often get confused with is FSA versus HSA. These two terms may seem interchangeable at first glance but there actually quite different …

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